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Hudson's Bay Co. HBAYF

Hudson's Bay Co, or HBC, is a Canadian retail business group. The company operates department stores throughout Canada, Belgium, Germany, and the United States under various banners. These banners include Saks Fifth Avenue, Hudson's Bay, Lord & Taylor, and Off 5th in North America and Galeria Kaufhof, Galeria Inno, and Sportarena in Europe. HBC also has investments in real estate joint ventures. In Canada, it has partnered with RioCan Real Estate Investment Trust in the RioCan-HBC joint venture.


OTCPK:HBAYF - Post by User

Post by 88guy88on Jun 27, 2019 12:51pm
102 Views
Post# 29870382

Likely 2-3 more weeks

Likely 2-3 more weeksI guess they don't want to look hasty and want to come across as thoughtful by taking all this time but there is no way they will come back with anything less than $12.00 as somewhat reasonable price ....most think it should be at least $18.00 but that is unlikely to happen....they are not going to double their bid....would be nice if somebody else would step in with an alternative bid and recognize the real estate value.....
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